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Danville, VA 24541 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Danville, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 5151PendingPending sales: 11
Danville, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $265k$265kSoldMedian sold price (last 6 months): $167k$167k
What homes actually sell for in Danville, VA
Distribution of 196 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $90k to $260k
$35k to $87k: 40 sales40sales$35k$87k to $139k: 29 sales$139k to $191k: 34 sales$139k$191k to $242k: 31 sales$242k to $294k: 19 sales$242k$294k to $346k: 13 sales$346k to $398k: 9 sales$346k$398k to $450k: 3 salesMedian $167k

What the numbers say

As of October 5, 2026, Resideline is tracking 51 active listings and 1 pending sales in ZIP code 24541. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $265,000, while the median of the 196 closed sales Resideline tracked over the last six months was $167,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 24541 for 88 days.

Frequently asked questions

What is the median home price in 24541?

The median closed sale price in Danville, VA 24541 was $167,000 over the last six months, based on 196 closed sales tracked by Resideline. The middle half of those sales ranged from $90,000 to $260,000.

Is 24541 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 51 active listings in 24541, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 24541 currently looks like a balanced market.

Nearby ZIP code market data

Full Danville, VA housing market report →

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